Eko Office Systems Limited

Eko Office Systems Limited, based in London, UK, is a small, active company with a 38-year history. Founded by a solo entrepreneur, Kohn Peter Alexander, who also serves as director and owner, the company employs just two people and holds assets valued at £510,238. It operates from a real address and regularly imports furniture, lighting, and prefabricated buildings – a consistent stream of imports spanning 11 months, with the most recent in April 2024.

The company’s website, while not explicitly detailed, suggests a focus on office furniture and related supplies. It operates in the wholesale of household goods and the retail of furniture, lighting, and similar items, catering to specialized store industries. The business appears to be a B2B supplier, rather than a direct-to-consumer retailer.

Financially, Eko Office Systems Limited presents a mixed picture. While current assets increased slightly to £510,000, net assets experienced a significant drop, falling by 47% to £31,000. Bank borrowings remained steady, but cash reserves declined by a substantial 79% to just £1,600. Creditors increased by 22%, and trade debtors grew by 9.3%. The company’s small size—meeting two of three criteria for a small company—helps it remain flexible, but the decrease in equity is a cause for concern. Interest income has also decreased. The company is exempt from an audit, so the financial statements are unaudited.

It’s clear that Eko Office Systems Limited is navigating a period of financial adjustment. While it maintains a consistent import stream and serves a specific market, the declining equity and cash reserves suggest it’s burning through money. Whether this is a temporary setback or a longer-term trend remains to be seen, but the company will need to carefully manage its finances to ensure its continued operation.

Registered in England/Wales under the registration number 02110351, with a registered address at NW5 3EW, England, London, Unit 1 Regis Road, Regis Road.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.